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EnergyConfirmedMedium
6.3

Woodside Energy abandons long-term emissions and clean energy targets amid record profits

Woodside Energy has rescinded its long-term decarbonization and clean energy commitments despite reporting a 27% increase in sales profit to $1.67 billion. The company's pivot away from climate targets follows a period of windfall gains driven by elevated oil prices linked to the Iran conflict.

Guardian World2 days agoAU, IRengCredibility 33%View source

Score Breakdown

Mosaic Score6.3
Confidence0.9
Significance0.5
Source credibility0.3

Intelligence Tags

#energy#emissions#esg#oil#corporate-strategy

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